If more people transfer their accounts to credit unions because of Bank Transfer Day. it could be a mixed blessing for some credit unions. However, that’s a problem many credit unions would be glad to worry about.
As citizen frustration continues as demonstrated by the growing Occupy Wall Street movement, credit unions may be presented with another chance to show how they can help middle-class Americans meet their financial needs.
Will credit unions again miss the opportunity presented by public anger aginst banks.
Some Southern California credit unions are looking to benefit from the Occupy Wall Street and Bank Transfer Day movements.
Kristen Christian says she wanted to get "a message out to young people about choices," and to her mom's contemporaries, too.
CUNA Mutual Group chief economist says protest cuts across lines, offers opportunity to credit unions.
"Occupy Wall Street" protest targets Nov. 5 as "Bank Transfer Day."